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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: jimbos who wrote (32387)7/13/1999 2:51:00 PM
From: opalapril  Read Replies (1) | Respond to of 45548
 
No Eric bashing here, just questions.

It seems to me there is a fair amount of emotion, pro and mostly con, surrounding this stock among individual investors. Or at least a lack of momentum which in turn warns funds away, which in turn contributes to a lack of momentum, etc. etc.

The drop-like-a-rock performance of this stock earlier in the year from $52 to $24 was something to watch. Tens of millions traded daily in a steep and unrelenting downward swoon. Since then with few exceptions the volume has been crappy. So, is there any reason to think the same sort of emotionalism infects Street fund managers? If so, what do you think it will take to reverse the tide, short of a buy-out or change in command? One dramatic quarterly increase in profits? Several quarters in a row? Some other kind of evidence that COMS' revised business plan is working? And what would that be? Insider purchases?